Here’s What’s Wrong With Cash Value Life Insurance

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 14 April 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.8	Ruben is with us in Green Bay, Wisconsin.
0:13.1	Hi, Ruben.
0:13.5	Welcome to the Ramsey show.
0:15.6	Hi, Mr. Ramsey, how are you doing today?
0:17.7	Better than I deserve, sir.
0:19.0	How can I help?
0:21.1	Fantastic. So, yeah, first my question, and I'll fill in a couple blanks.
0:27.1	I am getting ready to go into a new field.
0:32.2	It's life insurance.
0:33.2	You take my state exam.
0:34.4	I've been studying for the last month.
0:40.6	And this is final expense insurance.
0:42.4	And I'd recently heard on one of your shows.
0:44.9	You kind of had spoken against Whole Life Insurance.
0:49.9	This is really a brand new landscape for me.
0:51.9	So I really don't have a lot of frame of reference.
0:57.8	I guess I just want to make sure I'm getting into something that's, you know,
1:02.7	noteworthy and, you know, going to be something I can stand behind.
1:07.1	The insurance company, I'm getting ready to pair with it, is called Lincoln Heritage.
1:12.5	So that is, that's kind of what's going on currently. Just a little background like on a personal, um, um, 44, just turned 44. Um, I am on my just over two years
1:22.5	clean from a 20 year heroin addiction. Wow. Definitely, uh. Definitely a late bloomer here.
	...

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